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Rental Market Trends in Lancaster, WI

What is the average rent in Lancaster, WI?

$517/month

Average Rent

750 Sq Ft

Average Apartment Size

+0.4%

Increase in the Last Year

As of May 2025, the average rent in Lancaster, WI is $517 per month. This is 68% lower than the national average rent of $1,625/month, making renting in Lancaster more affordable than most cities in the US. When you rent an apartment in Lancaster, you can expect to pay about $381 per month for a studio, $517 for a one-bedroom apartment, and around $597 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$381/month
600 Sq Ft
One Bedroom
$517/month
750 Sq Ft
Two Bedroom
$597/month
835 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Lancaster, WI?

In the past year, rent has increased by 0.4%, which averages out to $3 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Lancaster, WI
Last Updated May 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Lancaster, WI
Percentage*
Rent Range
100% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Lancaster, WI?

Because the average rent in Lancaster is $517, you’ll want to make about $1,723 per month or $20,676 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Lancaster, WI

11 Available Apartments for Rent

Search for Nearby Apartments

How does Lancaster, WI compare to other nearby cities and neighborhoods?

Use the tool below to compare Lancaster, WI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

  • Platteville Average Rent

Apartment communities in Lancaster we think you'll love

Arrow Ridge

Arrow Ridge

444 S Roosevelt St,
Lancaster, WI 53813

2 Beds | $1,095 - $1,470

Sunrise Valley Apartments

Sunrise Valley Apartments

669 S Washington St,
Lancaster, WI 53813

1-2 Beds | Call for Rent

Loras Estates

Loras Estates

608 Pine Court,
Dickeyville, WI 53808

2 Beds | $2,100

Ruxton Apartments

Ruxton Apartments

85 S Oak St,
Platteville, WI 53818

2 Beds | $946 - $1,250

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United States Wisconsin Lancaster Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity